Aldar sells Alghadeer plots to retail outlets, school

The masterplan of Aldar's newly launched Alghadeer community in Abu Dhabi.

dubai - LuLu supermarket, community clinic and British curriculum school to open in 2021

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By Staff Report

Published: Tue 17 Apr 2018, 4:06 PM

Last updated: Tue 17 Apr 2018, 6:16 PM

Aldar Properties has announced that it has sold 2 plots of land in Alghadeer for community services. The contracts will see British curriculum Alghadeer International School and retail outlets, including LuLu supermarket, and a community clinic open in Alghadeer in 2021 in line with handovers to customers.

Talal Al Dhiyebi, CEO of Aldar, said: "The addition of Alghadeer International School, retail outlets, LuLu supermarket and clinic will increase the range of convenience-driven amenities and facilities for existing and future residents at Alghadeer, creating more complete neighbourhoods."

Situated close to the Expo 2020 site, Alghadeer's new masterplan comprises 14,408 homes, including villas, townhouses and maisonettes. Total residential GFA is set to exceed 1.3 million sqm and will be complemented by office space, retail space, hospitality, education and community amenities.

The new Alghadeer masterplan incorporates Aldar's existing community of the same name which boasts over 2,000 homes.

The retail amenities will have a GFA of more than 30,000 square metres. The LuLu supermarket, with a GFA of 5,000 square metres, will primarily focus on grocery and supermarket products. The supermarket, retail outlets and clinic will be operational in 2021.

Occupying 38,809 square metres of space with a GFA of 18,485 square metres, Alghadeer International School is a British curriculum private school, set to offer places for 1,500 students from FS1 to Grade 12 as well as a nursery. The school is to be operational from September 2020.

- business@khaleejtimes.com

Staff Report

Published: Tue 17 Apr 2018, 4:06 PM

Last updated: Tue 17 Apr 2018, 6:16 PM

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